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E~~E C©NSU~T~r~~ ~ERVcEs <br />2008 REAL ESTATE OVERVIEW <br />2008 <br />Vacancy Rates for 2007 <br />Building Type Percentage <br />of <br />Vacanc Average Asking <br />Price Per Square <br />Foot <br />Office 27% $16.00-$18.00 <br />Industrial/Flex 8% $6.00 - $9.50 <br />Retail 7% $13.50-$26.50 <br />Source: MDEDC <br />Vacancy Rates for 2008 <br />Building:Type Percentage <br />of <br />Vacanc' Average Asking <br />Price Per Square <br />Foot <br />Office 20% $8.00-$20.00 <br />Industrial/Flex 14% $6.00-$10.50 <br />Retail 6% $8.50-$24.00 <br />Source: MDEDC <br />Denver Metro Area Comparisons <br />Percentage of Office Vacancy Rate: 17% <br />Percentage of Industrial Vacancy Rate: 11% <br />Percentage of Retail Vacancy Rate: 10% <br />*All statistics include sublease space <br />~~, ~~~~~~ ar~a~r - 1C~~:r.~v~~z, ra~c~~?nz~~r ~1~C=t Ea. - :3~7..~ .t~~ 7 9 - ~~~c!tv._€rwr~c~~,arv~(x ~r~ria~~r.ccan~a <br />5 <br />